Old Friends.
The succession of blows that had been given to the power and commerce of Spain had immensely benefited the trade of England and Holland. France, devastated by civil war, had been in no position to take advantage of the falling off in Spanish commerce, and had indeed herself suffered enormously by the emigration of tens of thousands of the most intelligent of her population owing to her persecution of the Protestants. Her traders and manufacturers largely belonged to the new religion, and these had carried their industry and knowledge to England and Holland. Thus the religious bigotry of the kings of Spain and France had resulted in enormous loss to the trade and commerce of those countries, and in corresponding advantage to their Protestant rivals.

Geoffrey Vickars and his partner reaped the full benefit of the change, and the extensive acquaintance of the Spanish trader with merchants in all the Mediterranean ports enabled him to turn a large share of the new current of trade into the hands of Geoffrey and himself. The capital which he transferred from Spain to England was very much larger than that employed by the majority of English merchants, whose wealth had been small indeed in comparison to that of the merchant princes of the great centres of trade such as Antwerp, Amsterdam, Genoa, and Cadiz, and Geoffrey Vickars soon came to be looked upon as one of the leading merchants in the city of London.